The Global Cost of Education

Posted on September 2, 2015

The Global Cost of Education

The Global Cost of Education

What is the cost of education?

It’s no secret that the price of higher education in the United States is reaching astronomical heights. In fact, the cost of a college education in the United States has increased by 500 percent since 1985.

While many young Americans have accepted the fate of post-college debt as an unfortunate and unavoidable truth, young adults in some other countries are facing an opposite reality.  For example, universities in Germany are completely tuition free.

The graphic below compares the global education rankings of 85 universities from countries across the globe that have subsidized free, reduced, and full-price tuition rates for higher education, and determines which universities offer the best education for your buck.

Read the infographic below to see what schools make the top of the list.

Global Cost of Education

By taking the Times Higher Education Ranking of each school and the cost of education and living expenses of attending the university, the weighted average of these two factors determines the new ranking.

Is the education you’ll receive from attending Harvard University worth graduating with hundreds of thousands of dollars of debt? According to this list, the answer is no.  In fact, universities in Europe almost sweep the top 10 rankings in terms of educational and economic value, representing 7 of the 10 universities.

Aside from the numbers, developing cultural awareness through education can provide life-long value. If you’re interested in developing a global mindset, review the resources  and learning solutions on our Higher Education page!

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